Upgrade Momentum: Factors Driving the Expected Surge in Bitgert Coin Price
There have been several predictions around Bitgert coins price surge in the past few weeks. Some experts expect BRISEs value to increase by a massive 400%. But what are the possible reasons behind the expected surge? Lets find out.
Bitgert and BRISE: An Overview
Launched in 2021, Bitgert is a popular crypto engineering project specializing in centralized exchange and blockchain products. Bitgert aims to create a scalable and affordable environment for multiple projects such as DeFi, metaverse, web3, and more.
BRISE is Bitgerts native token (BRC-20), which acts as a utility token and supports the in-house economy. The coin stands at 0.0000002009 on 11th April 2024 with a market cap of $79.48 million and a 24-hour trading volume of $1.93 million.
Potential Factors Driving the Bitgert Coins Surge
One of the top reasons behind BRISEs expected surge is its relationship with Bitgert.
- Massive Speed and Zero Gas Fee: Bitgert was launched as a layer-1 blockchain solution with zero gas fees and a massive speed of up to 100,000 transactions per second. This allows investors to run multiple transitions without any hiccups and fear of losing out on transaction costs.
Whats special about this is that giants like Injective and Solana cant offer such high speeds and low fees. Where Bitgert processes smooth transactions, Solana is facing bot attacks and congestion, probably because of the recent launch of multiple meme coins on its network.
- Reliable Consensus Mechanism: Bitgert leverages PoA or Proof of Authority mechanisms for validating transactions. This mechanism is faster and more user-friendly than the Proof of Stake or any consensus mechanism.
- Native Products: Bitgert comes with many native products, including a P2P exchange, a crypto exchange with zero-trading fees, payment gateways, and multiple tools to help developers build apps on the network. For every transaction on the chain, BRISE acts as the primary token.
- Limited Token Supply: BRISE has a deflationary mechanism and a limited one quadrillion token supply. This means that whenever a transaction is executed on Bitgerts chain, 12% of the transaction value is removed from the supply. This helps reduce the number of BRISE in circulation and creates scarcity, which pumps up the value.
Final Words
While the Bitgert coin registered a fall of 5.48% in the last 7 days, its situation is expected to improve, especially considering the USPs it brings. Even predictions from CoinCodex expect BRISEs price to jump by 227.55% within 30 days. However, you should conduct your research before investing.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
